EU economic situation has improved but not as strong as expected: ECB’s Nowotny

(Reuters) – The economic situation in the euro zone has started to improve but is still weaker than the European Central Bank had hoped, ECB Governing Council member Ewald Nowotny said on Monday…

Daily Forex Market Review 08/23/13 (+35 pips)

Today’s Trade Result: +35 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

Nowotny: Bernanke sees absolutely no danger of expansion in inflation

(Reuters) – Federal Reserve Chairman Ben Bernanke told global policymakers he sees no risk to inflation in the United States, European Central Bank Governing Council member Ewald Nowotny said on Saturday…

ECB’s Nowotny plays down euro strength

(Reuters) – The euro’s exchange rate should not be dramatized with needless talk of currency wars, European Central Bank policymaker Ewald Nowotny said on Monday, noting the currency was moving within standard ranges…

Spain must apply for rescue package before ECB buys bonds

(Reuters) – Spain would have to apply for a rescue package before qualifying for inclusion in the European Central Bank’s plan to buy debt of struggling euro zone members, ECB policymaker Ewald Nowotny said. Nowotny told Austria’s Profil weekly that it was up to individual countries…

ECB’s Nowotny sees merits to leveraging ESM bailout fund

FRANKFURT (Reuters) – European Central Bank Governing Council member Ewald Nowotny has broken ranks with ECB colleagues, saying that giving Europe’s permanent rescue fund a banking license to increase its capacity had merits.

ECB’s Nowotny Sees No Upward Pressure on Inflation Expectations

European Central Bank Governing Council member Ewald Nowotny said he sees no upward pressure on inflation expectations in the euro-area, indicating policy makers may have scope to keep their key interest rate on hold after two increases this year.

ECB May Compromise on Greek Default, Nowotny Indicates

The European Central Bank may be willing to accept Greek bonds as collateral in the event of a short-term selective default, Governing Council member Ewald Nowotny suggested today.

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